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August 25, 2020

Risk Company Updates

August 25, 2020/ Jessica Lloyd
  • New dealer group, Finchley & Kent, launched

  • Bendigo and Adelaide Bank facing new Great Southern class action

  • OneVue take Taiping to court for sale proceeds

  • FOFA-related class action against AMP, CBA and Westpac

  • CFA Institute takes exams online

Read More
August 25, 2020/ Jessica Lloyd/
Insurance News
OneVue, Taiping, Madison Financial Group, Sequoia, Bendigo and Adelaide Bank, Great Southern, Finchley & Kent, Company Update
August 25, 2020

Risk People Updates

August 25, 2020/ Jessica Lloyd
  • Westpac appoints board member and operations chief

  • AMP appoints two new heads of risk and acting chief

  • Zurich integrates with OnePath, changes leadership

  • MLC Wealth appoints chief risk officer

Read More
August 25, 2020/ Jessica Lloyd/
Insurance News
MLC Wealth, Zurich, OnePath, AMP, Westpac, People Update
July 31, 2020

The fight for a return of commissions goes on with CALI

July 31, 2020/ Jessica Lloyd

Research from insurer-led group Choice and Access to Life Insurance (CALI) is pushing for a return of commissions so that life insurance isn’t just the domain of the rich.

Read More
July 31, 2020/ Jessica Lloyd/
Insurance News
CALI
July 31, 2020

Life insurance claims data reveals striking differences in genders

July 31, 2020/ Jessica Lloyd

Recent analysis of the life insurance claims data provided by APRA has been crunched down into bite-sized pieces: insured women die from cancer twice as often as insured men, while insured women claim on mental health twice as often as insured men.

Read More
July 31, 2020/ Jessica Lloyd/
Insurance News
KPMG, FSC
July 29, 2020

Risk People Update

July 29, 2020/ Jessica Lloyd
  • AIA Australia welcomes behavioural economics head

  • Charter Hall appoints office CEO

  • AMP Capital sees huge executive shuffle, exits

  • Westpac appoints COO, group executive to leave

  • NAB Private Wealth announces five new appointments

Read More
July 29, 2020/ Jessica Lloyd/
Insurance News
NAB, Westpac, AMP Capital, Charter Hall, AIA Australia, People Update
July 28, 2020

Risk Regulatory Updates

July 28, 2020/ Jessica Lloyd
  • FASEA adviser exam schedule 2021

  • Westpac uncovers more problematic transactions

  • AMP own advisers file class action against it

  • 40pc increase in retail insurance complaints over 2019 FY

  • Consumer advocacy group calls for universal terms in group insurance

Read More
July 28, 2020/ Jessica Lloyd/
Insurance News
Super Consumers Australia, FSC, AMP, Westpac, FASEA, CBA, Class, Xplan, FPA
July 28, 2020

Risk Company Updates

July 28, 2020/ Jessica Lloyd
  • FPA announces new partnerships

  • Class supplying Xplan data feeds

  • CBA to offer new digital services in joint venture

Read More
July 28, 2020/ Jessica Lloyd/
Insurance News
Super Consumers Australia, FSC, AMP, Westpac, FASEA, CBA, Class, Xplan, FPA
July 14, 2020

Adviser tech needs not being met

July 14, 2020/ Jessica Lloyd

A recent survey has revealed advisers are not getting exactly what they need out of their technology as the pressures of the pandemic pile up.

Read More
July 14, 2020/ Jessica Lloyd/
Insurance News, Funds News
Investment Trends
July 14, 2020

Research shows generational advice gap worsened by pandemic

July 14, 2020/ Jessica Lloyd

A recent survey looks at consumer thoughts and lived experience during the pandemic in regards to their financial position and superannuation fund expectations.

Read More
July 14, 2020/ Jessica Lloyd/
Insurance News
KPMG, COVID-19
July 14, 2020

Risk People Update

July 14, 2020/ Jessica Lloyd
  • QIC welcomes new GM

  • Stanford Brown announces new partner

  • Suncorp appoints new banking and wealth CEO

  • ME Bank CEO resigns

  • NAB Private executive resigns

  • ANZ loses advice head

Read More
July 14, 2020/ Jessica Lloyd/
Insurance News
ANZ, NAB Private, ME Bank, Suncorp, Stanford Brown, QIC
July 14, 2020

Risk Regulatory Update

July 14, 2020/ Jessica Lloyd
  • FASEA exam online in Melbourne

  • APRA imposes new licence conditions on CFS Investments Limited and Suncorp Portfolio Services

Read More
July 14, 2020/ Jessica Lloyd/
Insurance News
MetLife, Group Insurance
July 14, 2020

Risk Company Update

July 14, 2020/ Jessica Lloyd
  • Chant West and Zenith agree on purchase, after all

  • MetLife appointed as Qantas Super group insurer

  • Sequoia buys advice firm Total Cover Australia

  • Westpac’s BT awards group insurance mandate to AIA Australia

  • FASEA exam online in Melbourne

  • APRA imposes new licence conditions on CFS Investments Limited and Suncorp Portfolio Services

Read More
July 14, 2020/ Jessica Lloyd/
Insurance News
MetLife, Group Insurance
July 03, 2020

Survey shows Aussie's trust in advisers not breaking any records

July 03, 2020/ Jessica Lloyd

The CFA Institute’s most recent report into trust of advisers shows Australian investors are not very trusting at all.

Read More
July 03, 2020/ Jessica Lloyd/
Insurance News, Funds News
CFA Institute
July 03, 2020

Women adopting to robo-advice quicker than men

July 03, 2020/ Jessica Lloyd

The latest Investment Trends Robo-advice Report finds Americans uptake of robo advice exceeds Australians, and women are a little quicker on the uptake and have some preferences.

Read More
July 03, 2020/ Jessica Lloyd/
Insurance News
Investment Trends, Robo-advice Report
June 30, 2020

Risk People Update

June 30, 2020/ Jessica Lloyd
  • Pitcher Partners welcomes six new partners

  • Financial Executive Women (FEW) welcomes new CEO

  • MLC GM resigns

  • CBA loses executive GM of CBA Private

  • AMP Life appoints new executives

Read More
June 30, 2020/ Jessica Lloyd/
Insurance News
AMP Life, CBA, CBA Private, MLC, Financial Executive Women (FEW), Pitcher Partners, People Update
June 30, 2020

Risk Regulatory Update

June 30, 2020/ Jessica Lloyd
  • CPD relief for advisers during pandemic

  • smartMonday members compensated for non-compliant advice

  • APRA’s Westpac investigation update

  • ASIC suing CBA and CFS

Read More
June 30, 2020/ Jessica Lloyd/
Insurance News
ASIC, CBA, CFS, APRA, Westpac, smartMonday, Aon, MySuper, FASEA, Tax Practitioners Board (TPB), FPA, Euroz, Hartleys, AMP
June 30, 2020

Risk Company Update

June 30, 2020/ Jessica Lloyd
  • AMP receives approval to sell life business

  • Euroz and Hartleys to merge

  • TPB and FPA sign agreement to share data

Read More
June 30, 2020/ Jessica Lloyd/
Insurance News
Euroz, Hartleys, AMP, Resolution Life
June 22, 2020

Risk People Update

June 22, 2020/ Jessica Lloyd
  • JBWere welcomes GM of advice and CIO

  • MLC Life appoints CEO

Read More
June 22, 2020/ Jessica Lloyd/
Insurance News
JBWere, MLC Life, People Update
June 16, 2020

Risk Regulatory Update

June 16, 2020/ Jessica Lloyd
  • Super Consumers Australia says strict TPD definitions should go for good

  • FPA says AFSL system should be replaced with individual registrations

  • FASEA approves historical coursework

Read More
June 16, 2020/ Jessica Lloyd/
Insurance News
FASEA, FPA, FSC, Super Consumers Australia, MyPlanner Professional Services
June 16, 2020

Risk Company Update

June 16, 2020/ Jessica Lloyd

MyPlanner Professional Services in liquidation - Queensland financial advisory group, MyPlanner Professional Services (MPS), has closed its doors after withdrawing its appeal to the Administrative Appeals Tribunal (AAT)

Read More
June 16, 2020/ Jessica Lloyd/
Insurance News
MyPlanner Professional Services
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